CII Roundtable on new job creations on 28th May 2016 (Saturday)

Mumbai: India desperately needs to create millions of new jobs to meet the growing aspirations of Gen Y and Gen Z. Every year around 10-12 million youth, 18-24 years old, enter the job market. Further, At least half of these jobs have to be created in the manufacturing sector. India is at the cusp of demographic transformation. On this backdrop, is the Indian economy is generating enough jobs? Is the economy bracing for a demographic ‘bomb’, not a demographic ‘dividend’?

To fill this twin gap of (i) lack of understanding of Industry 4.0 and its impact, and (ii) lack of systemic thinking and process in today’s policy making environment it is proposed to create a new institution Future of Jobs Roundtable, a group of leaders anchored at CII-Naoroji Godrej Centre of Excellence, Mumbai. The vision for this new institution is to become the long term thinking and acting body on job creation. Initially it will focus on manufacturing but its scope can extend to other related sectors later on. Further, this action body will engage relevant stakeholders for enhancing the dialogue on the critical theme through systems thinking using the technique of scenario development. This will enable leading edge thinking to guide the policy dialogues in India.